Timber Workshop Ltd
10508714
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 21/07/2021
Persons with Significant Control
Mr Alexander Henry Thomas
British · United Kingdom · Age 43
Brixham Laboratory, Freshwater Quarry, Brixham, TQ5 8BA
Notified 11/07/2019
Former PSCs
Mr Jan Wojciech Ciechanowicz
Ceased 14/01/2020
CompanyRankvs 4244+ SIC 41201 peers72
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/12/2024
Net Worth
£202k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£185k
Working capital
Current Assets
£217k
Current Liabilities
£37k
Fixed Assets
£21k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 5.94 | +£77k |
| 2023 | 2.16 | +£37k |
| 2022 | 1.99 | +£6k |
| 2021 | 2.36 | +£5k |
| 2020 | 3.14 | +£165k |
| 2019 | -3.25 | -£46k |
| 2018 | -4.12 | — |
Derived from filed accounts. Not audited figures.